Risk-management perspective on the project life cycle
Risk-management perspective on the project life cycle
Shortcomings in the project-management process can be major sources of project risk. The paper highlights these sources of risk and places them in the project lifecycle. The project lifecycle is commonly described in terms of four phases: conceptualisation, planning, execution, and termination. The paper offers a more detailed framework, involving eight stages and a number of steps within each stage. Explicit acknowledgement of this more detailed stage and step structure should facilitate more effective identification and management of process risks.
project lifecycle, risk drivers, risk management
145-149
Ward, Stephen C.
ac1bf683-4186-44e7-9f5e-4193ee4d03cd
Chapman, Chris B.
a4f4805b-b67d-4c4c-856b-78e01a2c89a0
1995
Ward, Stephen C.
ac1bf683-4186-44e7-9f5e-4193ee4d03cd
Chapman, Chris B.
a4f4805b-b67d-4c4c-856b-78e01a2c89a0
Ward, Stephen C. and Chapman, Chris B.
(1995)
Risk-management perspective on the project life cycle.
International Journal of Project Management, 13 (3), .
(doi:10.1016/0263-7863(95)00008-E).
Abstract
Shortcomings in the project-management process can be major sources of project risk. The paper highlights these sources of risk and places them in the project lifecycle. The project lifecycle is commonly described in terms of four phases: conceptualisation, planning, execution, and termination. The paper offers a more detailed framework, involving eight stages and a number of steps within each stage. Explicit acknowledgement of this more detailed stage and step structure should facilitate more effective identification and management of process risks.
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Published date: 1995
Keywords:
project lifecycle, risk drivers, risk management
Identifiers
Local EPrints ID: 35677
URI: http://eprints.soton.ac.uk/id/eprint/35677
ISSN: 0263-7863
PURE UUID: 5eef12d0-2e74-4197-8d68-213116db8747
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Date deposited: 01 Aug 2006
Last modified: 15 Mar 2024 07:53
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Author:
Stephen C. Ward
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